Big Data Development and Corporate Labor Income Share:Evidence from the Big Data Comprehensive Pilot Zone
Against the background of building both a new approach to development and a digital China,it has become urgent to explore how digital technology can be used to advance social prosperity.This study takes the national big data comprehensive pilot zone as a quasi-natural experiment and uses the difference-in-differences model to analyze the impact of big data development on the labor income share of A-share listed companies from 2009 to 2020.The results show that the establishment of big data pilot areas can significantly increase enterprises'labor income share,and this conclusion remains valid after various robustness tests.Potential channels for this effect include the reduction of enterprise costs,optimization of the human capital structure,and improved corporate governance.Further analysis shows that the establishment of the pilot areas can take efficiency and fairness into account and expand the proportion of ordinary staff positions and salaries.This study provides empirical evidence for this impact at the micro level and simultaneously provides guidance for policymakers in promoting common prosperity in the digital era.
万方数据
